Market View: Singapore stock market wrap, Keppel Corp 40.6% on-year decline in net profit for 2H2022, Sembcorp Industries and Southeast Asia’s largest energy storage system in Jurong island, US big names (Apple, Starbucks and Alphabet) missing estimates

Your Way Home with Hongbin Jeong · Feb 3, 2023 · 9m

Singapore shares rose in early trade today, tracking mostly gains in US and European markets. Some notable names seeing new developments today include Keppel Corporation, which reported a 40.6 per cent on-year decline in net profit for the second half ended December. Question is - how concerned should we be about this development? Sembcorp Industries also made the headlines recently for owning and operating Southeast Asia’s largest energy storage system in Jurong Island. Are there legs to this as the company doubles down on renewables? Elsewhere, a number of US companies reporting last night…